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South American countries bend over backwards in order to not tax income, so consumption gets taxed to ridiculous levels and these absurd situations arise. And
by forinti 6y ago
South American countries bend over backwards in order to not tax income, so consumption gets taxed to ridiculous levels and these absurd situations arise.
And a foreign reserves crisis doesn't help either.
- 199X 6y agoIn Argentina thats not true. In fact you need $44.000 for a family to dont be considered poor. But if you earn more than $50.000 you start paying income taxes.